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Oak Park Mall owner CBL & Associates Properties Inc. emerged from Chapter 11 Missouri bankruptcy earlier this month, eliminating about $1.7 billion in debt and senior bonds. “This puts CBL in a much stronger…

Cypress Creek Emergency Medical Services officials confirmed Nov. 19 that the emergency medical services provider had filed for bankruptcy in an effort to reorganize the nonprofit's debt. (Courtesy of Cypress Creek EMS) Cypress Creek…

This is an excerpt from Dollar Scholar, the Money newsletter where Senior Editor Julia Glum teaches you the modern money lessons you MUST know. Don't miss the next issue! Register on money.com/subscribe and join our community of over…

A slowing in bankruptcy filings could be a sign of the beginning of a rush to follow As bankruptcy filings drop across all industries during the final quarter of the year 2021. Experts expect to see a huge increase in activity in the…

Hertz, one of the first victims of the pandemic, officially emerged from bankruptcy on Wednesday. Its return coincides with and was made possible in part by a scorching market for rental cars. It's a remarkable turnaround for a company…

The federal bankruptcy system is morally bankrupt. The system has been abused by corporations and the wealthy to the point that it no longer serves the purpose for which it was designed: to provide limited shelter from creditors so that…

(Reuters) - A federal court panel is proposing to require trustees in bankruptcy to take additional steps to locate creditors before releasing funds to court, with the amount of funds unclaimed in court reaching $404.4 million dollars.A…

Johnson & Johnson announced on Thursday that a subsidiary it recently created to handle claims that its talc products cause cancer has filed for bankruptcy.The company said in a statement that it hopes its filing for Chapter 11…

Tom Dundon, the billionaire owner of the Carolina Hurricanes, argued in court this week that he, not hundreds of minor league football players, should be eligible to receive millions of dollars owed under a…

A sign is seen outside the U.S. Bankruptcy Court for the Southern District of New York in Manhattan, New York, U.S., January 9, 2020. REUTERS/Brendan McDermidJoin now for FREE unlimited access to Reuters.comRegisterPanel Joins 2nd…

By JENNIFER McDERMOTT and GEOFF MULVIHILL, Associated Press Objections to a landmark settlement with Purdue Pharma are mounting in the form of appeals, with Rhode Island's attorney general saying Wednesday that the plan does not…

NEW YORK — Amid the Boy Scouts of America's complex bankruptcy case, friction is growing between the BSA and the major church groups that help it run thousands of Scout units. At issue: Churches' fears that an eventual…

Foundation Cycles opened on the ground floor of Evans Station Lofts in 2019. (Courtesy of Foundation Cycles) Despite growing demand for bikes due to pandemic cabin fever, a local bike shop closed and then filed for bankruptcy.…